I have been following MastCoin and CoinRecycler development for some weeks now and correct me if I'm wrong but I think we can honestly say it will start something big in altcoins.

Here is why :

Right now to buy/sell our coins we all need online accounts on exchanges, with emails, phone numbers for 2FA... we need to wait confirmations for deposits, withdrawals, need to wait for an order to get filled, need to take care of not holding too much money in the exchange...

But what if I tell you all of this will be old history soon ?

CoinRecycler allows you to sell your coins for MAST through a fully anonymous and automatic process, you only need to select the name of the coin you sell, the number of coins, then the coin recycler calcul the number of MAST you will receive, you put your MAST adress where you want to receive the coins, generate an adress to send the other coin and you will receive some MAST in around 30 minutes.

In only some days it will be implemented in the wallet, will support some new coins and of course support BTC, maybe in both ways so you can buy and sell also.An API is also ready for integration in a website.

So I think this is a really good feature, because it will be a lot more anonymous, not any online accounts needed, no exchanges where you put your email adress, phone number...And of course a lot more secure than using exchanges.

It could also help to bring mass adoption because it's really easy to use (all in one)

Of course this is my own analysis, I think it's worth sharing it here but do your own before investing

Even if you use Bitcoin through Tor, the way transactions are handled by the network makes anonymity difficult to achieve. Do not expect your transactions to be anonymous unless you really know what you're doing.

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As a newer miner I was reluctant to start accounts on several exchanges, but to be able to exchange coins it was necessary. If Mast were fully implemented when I started mining it would have been much easier.

- Right now when you want to sell a coin to buy another coin; - First you need an account in an exchange (this means personal information like email address, phone number...)- Then make a deposit for the coin you want to sell- Then you need to sell the coin for BTC and if you are lucky the other coin you want to buy is on the same exchange and you can buy it.- And finally you need to withdraw the coin you bought to his wallet.

With the CoinRecycler you will be able to sell your coin at the current market price by generating a deposit address, it will tell you how many MAST you will receive by calculating from the orderbook and after that it's a fully automatic and anonymous process and you will get your MAST in minutes !

What are the advantages of using the CoinRecycler ?

- You will be able to sell or buy from your wallet !- No need of accounts on exchanges- A lot more secure than exchanges- A lot more anonymous- Easy to use, the human nature is lazy so the more simple it is, the more it's appreciated- Can easily bring mass adoption, because it's a kind of all in one and easy to understand- And of course a constant buy support

The CoinRecycler will start with a bonus, for example "recycle your coin get +5%", if someone recycle some coins worth of 1000 MAST he will receive 1050 MAST.